How many Byrider franchises in Illinois were terminated in 2023?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Maryland | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| Col. 1 | Col. 2 | Col. 3 | Col. 4 | Col. 5 | Col. 6 | Col. 7 | Col. 8 | Col. 9 |
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Opera- tions- Other Reasons | Outlets at End of the Year |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 2 | 0 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 81–87)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, there were no franchise terminations in Illinois during 2023. The provided table, which outlines the status of franchise outlets from 2021 to 2023, shows that for Illinois in 2023, there were 2 outlets at the start of the year, 0 outlets opened, and 0 terminations. There were 2 non-renewals, 0 reacquired by the franchisor, and 0 ceased operations for other reasons, resulting in 0 outlets at the end of the year.
This data point is crucial for potential franchisees as it provides insight into the stability and success rate of Byrider franchises in Illinois. A high number of terminations could indicate issues with the franchise model, market conditions, or franchisor-franchisee relationships. The absence of terminations in Illinois for 2023 suggests a stable franchise environment, at least for that particular year.
However, it is important to consider this data in the context of previous years and the overall performance of Byrider franchises across different states. While there were no terminations in Illinois in 2023, the table shows that there were 2 non-renewals. Prospective franchisees should investigate the reasons behind non-renewals to gain a comprehensive understanding of the franchise's performance and potential challenges. They should also compare these figures with industry averages to assess whether Byrider's performance is in line with or deviates from the norm.
Additionally, Exhibit H provides a list of franchisees who left the system, including those who were terminated. Bob Brady and Steve Gensler in Springfield, IL were listed as terminated; however, the listing also indicates that they continue to operate another Byrider location. This may indicate a transfer of a franchise location rather than a complete termination from the Byrider system.